kaitlyngilbert314159 kaitlyngilbert314159

24-07-2020
Mathematics

contestada

Kate opens a savings account with a deposit of $1250. After 2 years, she has
receives $112.50 in interest. What is the annual interest rate?

Respuesta :

mathstudent55 mathstudent55

24-07-2020

Answer:

4.5%

Step-by-step explanation:

Simple interest:

I = Prt

112.5 = 1250(r)(2)

1250r = 56.25

r = 0.045 = 4.5%

Answer: 4.5%

Answer Link

Otras preguntas

The following sentence is in what tense? Laura has given donations to the local food bank. A. Present B. Past perfect C. Past D. Present perfect

Which personal pronoun correctly completes the sentence? What is its use? Sally told her brother to give John and __________ the old newspapers to recycle. A. u

PLEASE HELP I GIVE THANKS

the triangular-shape body of water that forms where a stream enters a larger body of water is a/an

What would 30 percent of 1300 dollars be

what is a career that combines science with another interest

How do you change .450 to a lowest term fraction

PLEASE HELP I GIVE THANKS

Which helped to bring about an increase of trade within Western Europe during the 11th and 12th centuries? the Viking invasions increase in population the split

what are at least three elements other than carbon that are used for life functions and what are their uses?